HGSI Doc Top Down Review 4.19.2013

April 19, 2015Dr. Jeffrey ScottHGSI Blog, Jeffrey Scott

Greetings

We jumped from support to resistance and fell back to support. Join me as I take a look at the market with my top down approach. This could be an interesting week as we have plenty of EPS news and a surprise Chinese move to lower bank reserves in an attempt to stimulate their economy. Of course this comes after last week when the Chinese reduced margin allowances which along with broken Bloomberg Terminals and the Greece crisis was enough to cause a market sell off from 6 am to 2PM. Of course the market did rally the last 2 hours helping to avoid a larger loss on the day and week,

Let’s take a look together at what this week may bring.

Please consider joining me at my upcoming meeting in S Florida, June 27-29. Info at: http://tinyurl.com/HGSIDOC-FL-Summit

Jeffrey

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About the Author

Dr. Jeffrey A. Scott is a successful oncologist, serial entrepreneur, investor and HGSI Investment Software power user who leads HGSI's Webinar Series. He has been an active investor since the early 1990's. In addition to presenting to new HGSI users, Jeffrey also hosts a monthly online advanced users group. Jeffrey has used HGSI since its launch and was a user of its predecessor, Industry Monitors. He considers himself a swing trader but uses various strategies for different accounts. He also considers himself a top down investor, being influenced by market direction and group strength, perhaps more than individual stock characteristics. Following his entrepreneurial spirit, Dr. Scott left practice in 2003 and has since founded several companies in the healthcare space.

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HGSI Doc Top Down Review 4.19.2013

HGSI Doc Top Down Review 4.19.2013

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